so, steve's right. it's a very misguided look at things. >> what has to be kicked what has toe be sold to have the aa to invest in? >> as far as we can fell, there's no mechanical or forced selling as a result of this downgrade. what seems to be happening, is that some of the lesser credits, the higher yield bonds, the junk bonds of corporations, they seem to be taking a hit as people are selling that and going into, guess where, u.s. treasuries. >> gentlemen, thanks so much. good to see you this morning, steve liesman and jared burnstein. >>> both sides of the aisle are talking about who deserves the blame for this downgrade. take a listen. >> i believe this is, without question, the tea party downgrade. this is the tea party downgrade because a minority of people in the house of representatives countered even the will of many republicans in the united states senate. >> both political parties are responsible for the mess we have right now. this is not a republican or democrat only problem. this is both